(Bloomberg) -- Asian stocks rose for the second day, led by exporters, after earnings reports damped concern the global economy is headed for a slowdown.
JFE Holdings Inc. and Nippon Steel Corp., Japan's two largest steelmakers, climbed after the Nikkei newspaper said their pretax profits may increase to records. Higher earnings also lifted shares of Harbin Power Equipment Co., the nation's biggest maker of electricity-generation equipment.
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